Ripple’s RLUSD Stablecoin Now Live on 40+ Blockchain Networks via Wormhole

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TLDR

  • Ripple’s RLUSD stablecoin is now live on over 40 blockchain networks through Wormhole’s Native Token Transfers (NTT) framework
  • New networks include Ethereum layer-2s: Base, Optimism, Ink, and Unichain, plus the XRP Ledger EVM sidechain
  • RLUSD has a market cap of $1.72 billion, ranking it as the 8th-largest stablecoin
  • Ripple partnered with BiLira, Bitexen, and Bitlo to bring RLUSD to the Turkish crypto market
  • Mastercard launched 24/7 settlement using RLUSD on the XRP Ledger

Ripple has expanded its RLUSD stablecoin to more than 40 blockchain networks using cross-chain protocol Wormhole. This moves the stablecoin well beyond its original home on the XRP Ledger and Ethereum.

The rollout uses Wormhole’s Native Token Transfers (NTT) framework. This lets RLUSD move natively between supported chains without relying on wrapped token versions.

New Networks Now Supported

The expansion brings RLUSD to several Ethereum layer-2 networks. These include Base, Optimism, Ink, and Unichain.

RLUSD is also now live on the XRP Ledger EVM sidechain. This gives developers access to the stablecoin using familiar Ethereum development tools while staying connected to the XRP Ledger.

Ripple said the setup supports cross-border payments, institutional on- and off-ramp services, and tokenization use cases.

“For developers and institutions building onchain, that expands access to compliant, USD-backed liquidity across supported networks,” the company said.

RLUSD launched in late 2024 and has grown to a market cap of over $1.7 billion. That makes it one of the largest dollar-backed stablecoins available today.


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Growing Institutional Adoption

Ripple has been adding institutional partnerships alongside the technical rollout.

The company brought RLUSD to the Turkish crypto market this week. It partnered with exchanges BiLira, Bitexen, and Bitlo to give Turkish institutions access to the stablecoin for payments and settlement.

Mastercard recently launched 24/7 settlement capabilities using RLUSD on the XRP Ledger. This adds a major payments use case for the stablecoin.

Ripple-backed Evernorth Holdings also has plans to use RLUSD in an XRP-focused treasury business. Regulatory filings show it intends to use the stablecoin for institutional decentralized finance and tokenized real-world assets on the XRP Ledger.

RippleX, the XRPL developer team, said growing RLUSD adoption across smart contract networks shows rising demand for regulated stablecoins in decentralized finance.

The team noted that XRP can work alongside RLUSD for liquidity, settlement, collateral, and payments across supported chains.

Ripple also added Istanbul Technical University to its University Blockchain Research Initiative. The program will support blockchain research and graduate fellowships using RLUSD.

The company has positioned RLUSD as infrastructure for both crypto-native and traditional financial services. The latest Wormhole integration is the clearest sign yet of that multichain strategy in action.



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